Link Real Estate Investment Trust, commonly known as Link REIT, is a prominent player in the real estate investment sector, headquartered in Hong Kong. Established in 2005, Link REIT has rapidly evolved into Asia's largest REIT, focusing primarily on retail and commercial properties. Its extensive portfolio includes shopping centres, car parks, and office spaces, strategically located across Hong Kong and mainland China. Link REIT is distinguished by its commitment to enhancing community engagement and sustainability, setting it apart in the competitive landscape. The trust has achieved significant milestones, including a successful public listing and consistent growth in distribution per unit, reflecting its robust market position. With a reputation for innovation and quality, Link REIT continues to lead the way in the real estate investment industry, making it a key player for investors seeking stability and growth.
How does Link Real Estate Investment Trust's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Link Real Estate Investment Trust's score of 60 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Link Real Estate Investment Trust (Link REIT), headquartered in Hong Kong, reported significant carbon emissions, totalling approximately 619,400 kg CO2e for Scope 1, 80,581,000 kg CO2e for Scope 2, and 345,951,000 kg CO2e for Scope 3. This brings their total emissions to about 427,151,400 kg CO2e. The previous year, 2023, saw emissions of approximately 12,083,000 kg CO2e (Scope 1), 79,214,000 kg CO2e (Scope 2), and 379,824,000 kg CO2e (Scope 3), amounting to a total of around 471,121,000 kg CO2e. Link REIT has set ambitious climate commitments, aiming for a 50.4% reduction in absolute Scope 1 and 2 emissions by 2032, using 2021 as the baseline year. Additionally, they target a 30% reduction in absolute Scope 3 emissions from fuel and energy-related activities and downstream leased assets within the same timeframe. Long-term goals include achieving net-zero operational emissions by 2035 and a 90% reduction in absolute emissions across all scopes by 2050. These targets align with the Science Based Targets initiative (SBTi) and reflect Link REIT's commitment to addressing climate change and reducing their carbon footprint in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
Scope 2 | 155,478,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 136,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Link Real Estate Investment Trust is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.